Thursday, November 26, 2020
Home News Reports How 'Young Indian' physically obstructed IT officials from conducting inspection of premises in NH...

How ‘Young Indian’ physically obstructed IT officials from conducting inspection of premises in NH case

The Income Tax order presented by Subramanian Swamy in the court has opened a pandora’s box for Congress and the Gandhi family. The order by itself indicts the Gandhis of exactly what was alleged by Dr Swamy. Further, it reveals some sub-plots like how the Gandhis’ company Young Indian tried to thwart the investigation. The order also reveals how the Congress party threatened a tax officer with legal consequences, for asking “irrelevant questions”.

Another section of the order now reveals how the officers of Young Indian (YI) physically obstructed an income tax officer from doing his duty. At this point, the Income tax department’s investigation had concluded that the entire National Herald case was a scheme to transfer prized real estate assets from Associated Journals Limited (AJL) to the Gandhi family controlled YI. The scheme was devised such that no tax would have to be paid, since the fair market value of these properties would run into hundreds of crores.

Thus, to determine the tax evaded, the Income Tax department had to value the properties involved. For this, they ordered that the following properties owned by AJL be valued by the Departmental Valuation Officer (DVO) to ascertain the fair market value as on date:

Little did the DVO know that he would be stopped from discharging his duty by YI and AJL. In his physical inspection report, the DVO lays down the facts.

He states that via a letter dated 14.07.2017, certain information and documents were sought from YI to facilitate the valuation. Instead of providing the information and documents, YI raised certain objections. The officer clarified the objections by 09.08.2017, and YI was again requested to furnish the information and documents by 22.08.2017. The tentative date of inspection of the above properties was also intimated to YI via this letter.

In response to this letter, again raised some objections via letter dated 21.08.2017. In response the DVO intimated to them that even if they could not provide the information and documents, the DVO would inspect the propertv at 5A, Herald House, Bahadur Shah Zafar Marg, New Delhi, on 01.09.2017 at 11.30 hours. AJL as well as YI were asked to extend the necessary cooperation.

The story beyond this, as per the DVO’s report is shown as below:

As can be seen from the DVO’s report, he states that the security personnel at the premises and the representatives of YI and AJL, did not allow the DVO and his team to carry out physical inspection of the premises. Thus YI and AJL, left no stone unturned to ensure that the true value of the premises would never come out.

consequently, the DVO resorted to collect external data and estimate the value of the premises. The order notes that the above incident corroborated the finding that YI “had not only taken possession of whole property but it had full control over the property including entry and exit to the property“. Thus YI itself had proved that the entire transaction was done to gain control over AJL’s properties, and it had succeeded in the same.

This reluctance of YI and AJL in even letting an income tax officer visit their premises, betrays extreme fear of being caught in something which they have no way out of.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

Editorial Deskhttp://www.opindia.com
Editorial team of OpIndia.com

Related Articles

Trending now

Odisha: Largest ever vigilance raid in state unearths massive wealth gathered by IFS officer, fancy cars, ultra-luxurious lifestyle

Pathak's family reportedly owns a lavish apartment in Bhubaneswar with Italian marble flooring, ivory furnitures and other luxuries. The son is engaged to an MLA's daughter.

Germany expresses concern after corporate dependency on China increases

While German companies are happy that Chinese sales offset the fewer units sold in European countries amid the pandemic, they are also being cautious.

Lucknow: Two medical colleges run by MMA Faridi and Mohammad Zafar Idris respectively, accused of organ trafficking, probe ordered

Probe has been ordered against Era’s Medical College and Integral Institute of Medical Science And Research over Human Organ Trafficking charges

Indian law never defined “marriage”: Here is why govt needs to be involved in inter-faith “marriage”

A number of very different legal institutions are grouped under the loose word “marriage.” Naturally therefore, the government has to step in and make rules about how to move between these very different institutions.

After allowing Israelis to visit without visa, UAE stops issuing visas to citizens of 13 countries including Pakistan and Turkey

The decision of UAE to stop issuing visas to citizens of 13 countries is reported to have been taken due to security decisions.

Forgotten daughter of Uttarakhand: Before Nirbhaya, girl working in Delhi was kidnapped, raped and brutally murdered in Haryana

In February 2012, a 19-year-old girl from Delhi was abducted, gang-raped, brutalised and abandoned to die at a mustard field in Haryana

Recently Popular

Hyderabad elections: Owaisi makes ‘beef biriyani’ sly on BJP leaders, Raja Singh offers him pork biriyani

As an insult to BJP leaders, Owaisi had stated that they should have some biriyani at a particular hotel in Hyderabad that is famous for beef dishes.

When Sonia Gandhi trusted Ahmed Patel for conveying to PV Narasimha Rao’s family that his funeral will not be held in Delhi

Sanjaya Baru had said Ahmed Patel approached him to let PV Narasimha Rao's son know about Sonia Gandhi's message.

Fact Check: Did Arfa Khanum Sherwani eat the goat she was petting in the photographs she posted?

Arfa Khanum Sherwani took social media by storm after she posted photographs of herself with a beautiful white goat.

How Congress lost Gujarat to save Ahmed Patel’s Rajya Sabha seat

The 2017 Gujarat Rajya Sabha elections which were contested by Ahmed Patel were one of the lowest points for Congress.

‘Mark of religious oppression, caste superiority’: Newly elected MP in New Zealand, Gaurav Sharma, targeted for taking oath in Sanskrit

A journalist in New Zealand targeted newly elected New Zealand MP Gaurav Sharma for for taking his oath in Sanskrit.

Habitual offender Rehana Fathima given last warning by Kerala High Court after violating bail condition in ‘Gomatha’ cookery video

In the cookery video titled Gomatha Ularthu, Fathima kept referring to the meat as Gomatha. The High Court let her go giving her last opportunity to 'improve'.
- Advertisement -

As Congress remembers the 26/11 Mumbai attacks anniversary, netizens remind the grand old party of its double standards

Rahul Gandhi was found partying at a friend's house soon after the Mumbai attacks.

Six Pakistani cricketers test positive for Coronavirus in New Zealand, NZ authorities say they breached isolation protocols

New Zealand Cricket has revealed that few members of the Pakistan party breached the protocols on the first day of managed isolation.

Odisha: Largest ever vigilance raid in state unearths massive wealth gathered by IFS officer, fancy cars, ultra-luxurious lifestyle

Pathak's family reportedly owns a lavish apartment in Bhubaneswar with Italian marble flooring, ivory furnitures and other luxuries. The son is engaged to an MLA's daughter.

Germany expresses concern after corporate dependency on China increases

While German companies are happy that Chinese sales offset the fewer units sold in European countries amid the pandemic, they are also being cautious.

Lucknow: Two medical colleges run by MMA Faridi and Mohammad Zafar Idris respectively, accused of organ trafficking, probe ordered

Probe has been ordered against Era’s Medical College and Integral Institute of Medical Science And Research over Human Organ Trafficking charges

Indian law never defined “marriage”: Here is why govt needs to be involved in inter-faith “marriage”

A number of very different legal institutions are grouped under the loose word “marriage.” Naturally therefore, the government has to step in and make rules about how to move between these very different institutions.

OIC snubs Pakistan again, no mention of ‘Kashmir’ in Foreign Ministers’ meeting agenda: Read details

Pakistan's foreign office had claimed that during the 2-day session, the Kashmir issue will be discussed too. The OIC's agenda has made no mention of it.

After allowing Israelis to visit without visa, UAE stops issuing visas to citizens of 13 countries including Pakistan and Turkey

The decision of UAE to stop issuing visas to citizens of 13 countries is reported to have been taken due to security decisions.

Algerian-born Muslim cleric Abdul Nacer Benbrika stripped of his citizenship by Australia after convicted of terrorism

Benbrika was convicted of directing a terrorist group, and possessing material associated with planning of a terrorist attack in Australia

Fact-check: No, the government has not issued Rs.1,30,000 to the citizens towards Covid-19 funding

Fake message circulated claims that govt of India has issued Rs.1,30,000 to every citizen above the age of 18 as Covid-19 funding

Connect with us

245,563FansLike
488,980FollowersFollow
20,200SubscribersSubscribe